All Else Equal, an Increase in the Price of Bicycle

question 61

Multiple Choice

All else equal, an increase in the price of bicycle helmets, would tend to:

• A)reduce the demand for cars
• B)increase the demand for bicycles
• C)reduce the demand for bicycles
• D)cause more riders to walk to work.

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Definitions:

Food Related Behaviour

Actions or habits associated with the consumption, choice, and preference of food, influenced by a variety of factors including cultural, psychological, and environmental.

Set-Point Theory

The idea that the body regulates its weight and energy levels around a specific baseline, known as the set-point.

Metabolism

The set of life-sustaining chemical reactions in organisms, converting food to energy for cellular processes and waste products.

Percent Body Fat

The total mass of fat divided by total body mass, expressed as a percentage, indicating the proportion of fat in a person's body.